Cyclone Gabrielle insurance claims top $890 million
A bank is warning those who get insurance payouts to be wary of scams.
AdvertisementAdvertise with NZME.
Latest fromInsurance
Cyclone Gabrielle: Half a billion dollars in insurance claims in Hawke’s Bay
The cyclone caused widespread chaos across the North Island in mid-February.
Cyclone-hit homeowners 'unlikely' to get payouts to fully rebuild
Successful claims for written-off properties probably won't fully replace houses.
Suncorp CEO warns poor infrastructure could push insurance premiums up
Reinsurers expected to price in risks posed by poor infrastructure.
‘Could be the end of your business’: Insurance Council of NZ warns those with no coverage
It's a bad time, as many businesses have taken on substantial debt to survive Covid.
Flood-affected Auckland residents scramble to find somewhere to live
All 41 of the houses in the inner-city development needed to be vacant within the week.
S&P reviews insurers following cyclone damage
But the rating agency believes NZ insurers have adequate capital buffers.
'I am done': Rates demand for flooded homes pushes residents to the brink
Izma Azad lost everything valuable she had in the Auckland flood, and now rates are due.
'Unprecedented scale': Auckland floods, Cyclone Gabrielle to cost insurance industry more than $1b
Insurers have already paid out more than $110m - and the bill is expected to keep rising.
Huge demand for tow trucks stretches workers
Workers pushed to limit as frustration leads to some stress-related abuse.
Cooking the Books podcast: How insurance will be changed by climate change
If you think insurance is expensive now, it's about to get worse.
Dispelling the myths of NZICC’s roof, straw to be reinstated
Fletcher Construction: "Change in roof design would provide reassurance to all involved."
Muriwai residents vent anger at Auckland Council staff over future of slip-hit houses
Locals had packed into Muriwai Golf Club to find out the fate of their homes.
'Contaminated': Owners can expect write-offs for homes badly damaged- Tower
'It will more than likely have to be demolished'.
Flood-damaged cars: What you need to know
Thousands of vehicles are expected to be written off.
Who’s likely to take legal action after flood and cyclone disaster?
The cost of Cyclone Gabrielle is expected to run high.
Insurer bats away allegation of privacy breach
A complainant alleges a former partner shared information on insurance claims with him.
AA Insurance receives thousands of weather-related claims, expects many more
The company expects there will be a surge in claims as power and services are restored.
Tower cuts earnings, dividend forecast after Auckland floods, Cyclone Gabrielle
Tower’s solvency position remains strong, despite two weather events so early in year.
ASB boss calls for more coordination over climate challenge
Recent storm events have shown how inaccurate flood modelling is.
'Increasingly worried': It's time to recalculate our vulnerability to floods - insurance boss
OPINION: I'm increasingly worried at how unprepared we are.
Insurers dealing with 40,000 flooding-related claims, bracing for Gabrielle
Claims from the cyclone are now also coming in on top of the flood claims.
IAG net profit up 170pc, economic conditions 'challenging'
'Largely due to the expected higher natural perils costs from the Auckland flood event.'
Cyclone Gabrielle: 10 of the worst tropical cyclones to hit NZ
Ex-tropical cyclones have wrought havoc in NZ. Here's 10 of the worst.
Editorial: Social insurance scheme had best intentions but too complex
Editorial: It's not surprising the $3.5 billion proposal is "off the table" for now.
Will clifftop properties still be insurable?
And what are the ins and outs of making a claim?
Cyclone threat: Upper North Island residents urged to prepare
Cyclone Gabrielle is on its way. Residents can prepare now in various ways.
Tower’s flood insurance claims surge to 4810
CEO says the company remains financially strong.
Auckland floods: Cliff collapse victims tell of terror night
"It was like a wild animal. You know you don’t know what you are looking at?"
Suncorp’s Auckland flood claims exceed 8000
CEO says flood repairs will put pressure on the building industry.
‘What was I supposed to do?’: Insurance company demands photo of pensioner's wrecked car
'The minute we stepped out the door the water was almost up to my neck.'
IAG forecasts margin squeeze on Auckland floods
Insurer airs concern over floods but company says its capital position remains strong.
Auckland floods: Insurance claims could hit nearly $1b - expect premiums to rise
And the cost of insurance could rise for some.
Supply Shock: Where economists expect price rises in wake of flood
Impact to wider economy marginal, but flooding means more disruption to supply chains.